YEARLY HIGH
18.5371 MVR
YEARLY LOW
15.8905 MVR
YEARLY AVERAGE
17.4373 MVR

2017 EUR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EUR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 18.5371. Conversely, the yearly low was recorded on January 3, dropping to 15.8905.

This high-to-low spread represents a total annual volatility of 2.6466 MVR. From a start-to-finish perspective, comparing the January average rate of 16.3418 to the December average rate of 18.2424, the exchange rate registered a net change of 11.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 18.5371 was up 5.06% compared to the 2016 peak of 17.6446, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EUR based on timing:

Yearly Peak High 92,686 MVR
2016 Average 84,481 MVR
Yearly Trough Low 79,453 MVR
Transaction Impact: A difference of 13,233.00 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

18.5676
16.1394
JanuMarcMayJulySeptNove

EUR to MVR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 16.7513, compared to 18.1233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3720 points.

H1 Avg (Jan–Jun) 16.7513
H2 Avg (Jul–Dec) 18.1233

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 1.8651 MVR (High: 18.4943 / Low: 16.6292). On the other end, October was the most stable month, with a tight range of 0.3984 MVR (High: 18.2715 / Low: 17.8731).

August Spread (Volatile) ±1.8651
October Spread (Stable) ±0.3984

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2613 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2613

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 18.3652) against the same month in 2016 (average: 17.1074), the exchange rate shifted by +1.2578 (+7.35%).

2017 Avg (September) 18.3652
2016 Avg (September) 17.1074

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.6459 15.8905 16.3418
February 16.6943 16.2872 16.4505
March 16.7911 16.3387 16.5776
April 16.8288 16.3373 16.5444
May 17.5341 16.6809 17.1160
June 17.7318 17.2618 17.4775
July 18.2632 17.5876 17.8597
August 18.4943 16.6292 18.1308
September 18.5371 18.0948 18.3652
October 18.2715 17.8731 18.1040
November 18.2676 17.8098 18.0376
December 18.4873 18.0837 18.2424